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PBOC sets USD/CNY mid-point today at 6.8588 (vs. yesterday at 6.8596)

ByEamonn Sheridan

Jan 26, 2017

In Open Market operations,
– to inject 50  bn yuan via 14-day reverse repos
– to inject 10 bn yuan via 28-day reverse repos
Weaker yuan against USD, and a bigger injection through 14-day RRs today

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By Eamonn Sheridan

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